The following is a list of stocks that have just rallied to a new 52-week high. Short sellers, it seems, don't think the upward momentum of these stocks will be reversing any time soon. The details of our screen are as follows:

- All stocks are approaching a new 52-week high
- All stocks have short ratios lower than 1.5 days (meaning that it will take less than 1.5 days of average trading volume to cover all short positions).

Is there a reason why short sellers are avoiding these names? We won't be going into a detailed discussion for each company. The goal here is to give you a starting point for your own analysis.Short float data sourced from Finviz. Full analysis below.

*click for expanded image*

All of the following stocks have just reached a 52-week high. The list has been sorted by short ratio...

* 1. MI Developments Inc. (MIM): *Property Management Industry. Market cap of $686.64M. Short float at 0.03%, which implies a short ratio of 0.11 days. The stock has gained 4.55% over the last year.

* 2. Fomento Econ (NYSE:FMX): *Brewers Industry. Market cap of $96.95B. Short float at 0.02%, which implies a short ratio of 0.36 days. The stock has gained 22.19% over the last year.

* 3. Liberty Acquisition Holdings Corp. (LIA): *Diversified Investments Industry. Market cap of $1.37B. Short float at 0.70%, which implies a short ratio of 0.37 days. The stock has gained 11.95% over the last year.

* 4. Administradora de Fondos de Pensiones Provida SA (NYSE:PVD):* Diversified Investments Industry. Market cap of $1.57B. Short float at 0.06%, which implies a short ratio of 0.47 days. The stock has gained 106.22% over the last year.

* 5. Chunghwa Telecom Co. Ltd. (NYSE:CHT): *Telecom Services Industry. Market cap of $22.35B. Short float at 0.03%, which implies a short ratio of 0.49 days. The stock has gained 25.31% over the last year.

* 6. Apple Inc. (NASDAQ:AAPL):* Personal Computers Industry. Market cap of $287.53B. Short float at 1.29%, which implies a short ratio of 0.6 days. The stock has gained 65.17% over the last year.

* 7. Abraxis BioScience, Inc. (ABII):* Biotechnology Industry. Market cap of $3.17B. Short float at 0.87%, which implies a short ratio of 0.6 days. The stock has gained 107.39% over the last year.

* 8. Magna International, Inc. (NYSE:MGA):* Auto Parts Industry. Market cap of $9.9B. Short float at 0.46%, which implies a short ratio of 0.79 days. The stock has gained 95.22% over the last year.

* 9. Cosan Ltd. (NYSE:CZZ): *Confectioners Industry. Market cap of $3.43B. Short float at 0.49%, which implies a short ratio of 0.81 days. The stock has gained 51.49% over the last year.

* 10. Siemens AG (SI): *Telecom Services Industry. Market cap of $98.54B. Short float at 0.07%, which implies a short ratio of 0.82 days. The stock has gained 13.53% over the last year.

* 11. Enterprise GP Holdings L.P. (EPE):* Major Integrated Oil & Gas Industry. Market cap of $8.59B. Short float at 0.43%, which implies a short ratio of 0.85 days. The stock has gained 103.97% over the last year.

* 12. Pactiv Corp. (PTV):* Packaging & Containers Industry. Market cap of $4.41B. Short float at 4.08%, which implies a short ratio of 0.91 days. The stock has gained 21.16% over the last year.

* 13. Coca-Cola Enterprises Inc. (NYSE:CCE):* Soft Drinks Industry. Market cap of $12.11B. Short float at 1.26%, which implies a short ratio of 0.97 days. The stock has gained 68.89% over the last year.

* 14. TransGlobe Energy Corp. (NASDAQ:TGA): *Independent Oil & Gas Industry. Market cap of $697.2M. Short float at 0.26%, which implies a short ratio of 0.98 days. The stock has gained 134.75% over the last year.

* 15. British American Tobacco plc (NYSEMKT:BTI):* Cigarettes Industry. Market cap of $77.47B. Short float at 0.01%, which implies a short ratio of 0.99 days. The stock has gained 26.47% over the last year.

* 16. CF Industries Holdings, Inc. (NYSE:CF):* Agricultural Chemicals Industry. Market cap of $8.52B. Short float at 4.01%, which implies a short ratio of 1.02 days. The stock has gained 32.0% over the last year.

* 17. Yanzhou Coal Mining Co. Ltd. (NYSE:YZC):* Industrial Metals & Minerals Industry. Market cap of $21.55B. Short float at 0.11%, which implies a short ratio of 1.06 days. The stock has gained 86.35% over the last year.

* 18. Allergan Inc. (NYSE:AGN): *Drug Manufacturer. Market cap of $20.89B. Short float at 0.68%, which implies a short ratio of 1.15 days. The stock has gained 17.35% over the last year.

* 19. Discover Financial Services (NYSE:DFS):* Credit Services Industry. Market cap of $9.31B. Short float at 1.27%, which implies a short ratio of 1.36 days. The stock has gained 6.81% over the last year.

* 20. Gran Tierra Energy, Inc. (NYSEMKT:GTE): *Independent Oil & Gas Industry. Market cap of $1.93B. Short float at 0.54%, which implies a short ratio of 1.39 days. The stock has gained 56.94% over the last year.

**Disclosure: **No positions